🚀#Bitcoin#Mining Update: Loka Mining CEO Andy Fajar Handika introduces hashrate futures to help small miners fund growth and pay operating expenses. 💡
- This contract allows selling future hashrate to borrow cash.
- Helps reduce the risk of BTC price volatility for miners.
- Lenders also benefit from using this contract as collateral.
📉 The BTC mining industry is in dire straits, with costs rising 168% in the past 12 months. Big companies like CleanSpark and Riot Platforms are buying out weaker competitors.
What do you think of this new strategy? Comment now! ⬇️